1Central Auckland came to a standstill today for a huge welcome home parade for the New Zealand America's Cup Challenge syndicate and the crew of KZ7. Around 200,000 people thronged the city's inner streets to welcome home their heroes with a ticker tape parade.

2Internationally renowned heart surgeon Magdi Yacoub says New Zealand should establish its own heart transplant unit.

3An Israeli newspaper has reported that negotiations are underway for the freedom of all 26 hostages being held captive in Lebanon in return for 400 Arab prisoners currently detained in Israel.

4United States President Ronald REagan has answered the investigating panel's questions about his role in the secret arms deal with Iran. At the same time, an Iranian leader has accused him of trying to continue to make contact with Iran.

5The United States' space shuttle Discovery is set to leif off in twelve months' time in the first mission since the Challenger disaster.

6Headline News 1. Gisborne residents are being warned to boil all drinking water 2. Negotiations between the Government and Comalco over Tiwai Point Aluminium Smelter have adjourned 3. The first three months of GST have provided the Government with an income of $240 million

7American singer Lionel Richie arrived in New Zealand tonight for a one-concert-only show in Auckland.

8A report by independent economic analysts, Infometrics has slated the Labour Government's economic policy, saying Rogernomics is in tatters and the economy is out of control. Inflation, foord prices and unemployment figures have all risen substantially. The National Party Opposition is planning an advertising campaign focussing on the Labour Government's economic record. Interviews with economist Gareth Morgan and Finance Minister Roger Douglas.

9New Zealanders are trying to beat the high price of imported Japanese second-hand cars by travelling to Japan to import their own vehicles. However, New Zealand Customs believes many people are deliberately undervaluing their cars in order to avoid paying import duty.

10Central Auckland came to a standstill today for a huge welcome home parade for the New Zealand America's Cup Challenge syndicate and the crew of KZ7. Around 200,000 people thronged the city's inner streets to welcome home their heroes with a ticker tape parade. The parade is only part of a massive public relations (PR) marketing campaign costing millions of dollars.

11Worldwatch An Israeli newspaper has reported that negotiations are underway for the freedom of all 26 hostages being held captive in Lebanon in return for 400 Arab prisoners currently detained in Israel. However, there is strong resistance in Israel to the idea of a prisoner swap.

12Worldwatch The disappearance of Anglican Church Envoy, Terry Waite in Lebanon is extremely mysterious. Waite has now not been seen for three weeks.

13Worldwatch Today Iran marked the eighth anniversary of the revolution that toppled the Shah. A report on Iran after the revolution.

14Worldwatch Although Turkey is aiming for a Western-style democracy, the forces and pressures of Iranian-style Islamic Fundamentalism are becoming a major issue.

15Worldwatch Analysis of the Soviet Union's policy of Glasnost, as it tries to convince the United States that a new era of openness is underway in the Soviet Union. Is it little more than a propaganda exercise? Can the Soviet people genuinely express their dissatisfaction in a safe and secure environment?